Sardar Masood invites investors to tap investment opportunities in AJK.

Islamabad -- Azad Jammu and Kashmir President Sardar Masood Khan said that AJK possessed huge investment potential in almost every sector of economy and invited Pakistani investors to tap all investment opportunities in AJK for earning lucrative results.

He said that the US$5 billion AJK economy has the potential to grow into US$ 20-30 billion economy within 10 years, which showed its attractiveness for investors. He said that AJK has the potential to become an engine of growth for Pakistan.

He said that 3 tourism corridors have been identified under CPEC in AJK to improve tourism infrastructure.

He said that before Covid-19 pandemic, 1.5 million tourists visited AJK as it has pristine terrain with mesmerizing spots for tourists and the government was focusing on modernizing tourism infrastructure to attract more tourists.

He expressed these views while addressing the business community at Islamabad Chamber of Commerce and Industry (ICCI). Representatives of Mirpur, Jhelum, Sialkot, Gujranwala, Bhawalpur and Karachi Chambers of Commerce and Industry also joined the session through a zoom meeting.

Sardar Masood Khan said that 3 hydropower projects under CPEC including 720MW Karot, 1120 MW Kohala, 600 MW Azad Pattan and one SEZ in Mirpur were under construction in AJK.

He said that AJK has the world's finest precious stones while there was great potential for investment in industry, agriculture, hospitality and other sectors and urged that Pakistani investors should capitalize on them.

He announced that he would host a delegation of Pakistani business community led by SardarYasirIlyas Khan President ICCI in AJK to show them business and investment potential in AJK.

He also paid tributes to Sardar Muhammad Ilyas Khan, Chairman, Sardar Group of Companies and father of Sardar YasirIlyas Khan for his entrepreneurial achievements as he has made huge investments in Pakistan and AJK providing jobs to several thousand people and was making significant contribution to tax revenue of the country.

Speaking at the occasion, President ICCI SardarYasirIlyas Khan said that immense tourism potential in AJK still remained...